60.1K

Verified Solution

Link Copied!

Cost of Goods Manufactured Slapshot Company makes ice hockey sticks. During the month of June, the company purchased $124,000 of materials. Also during the month of June, Slapshot Company Incurred direct labor cost of $173,000 and manufacturing overhead of $236,000. Inventory Information is as follows: June 1 June 30 Materials $48,000 $45,000 Work in process 65,000 63,000 Required: 1. Calculate the cost of goods manufactured for the montiune 2. Calculate the cost of one hockey stick assuming that 1,900 sticks were completed during June. Round your answer to the nearest cent. per hockey stick Cast of Goods Sold apshot Company materice hockey is. During the month of June, 1,900 were completed cost of goods manuscud of $509,000. Suppose tour 1, Om In The Inventory costing $160,000 and on June 30, 930 units in Anished goods Inventory conting 1215,000 1. Pare cost of yoods sold statement for the month of Sunn Slapshot Company Cost of Good Sold Statement For the Month of June 2. Calculate the number of sticks that were sold during June Cast of Goods Sold Slapshot Company makes ice hockey sticks. During the month of June, 1,900 sticks were completed at a cost of goods manufactured of 502,000. Suppone 1, Slapshot had 680 units in finished goods Inventory costing $160,000 and on June 30, 930 units in finished goods Inventory costing $215,000. 1. Prepare a cost of goods sold statement for the month of June. Slapshot Company Cost of Goods Sold Statement For the Month of June 2. Calculate the number of sticks that were sold during June. units

Answer & Explanation Solved by verified expert

See Answer